Berenberg Bank Cuts Harworth Group (LON:HWG) Price Target to GBX 195

Harworth Group (LON:HWG) had its price target cut by Berenberg Bank from GBX 202 to GBX 195 in a research report report published on Tuesday,Digital Look reports. They currently have a buy rating on the stock.

Several other equities research analysts have also recently issued reports on the company. Peel Hunt reissued a “buy” rating and set a GBX 200 target price on shares of Harworth Group in a research note on Wednesday, August 5th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 170 price target on shares of Harworth Group in a research note on Wednesday, September 9th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of GBX 195.

Harworth Group Stock Performance

Harworth Group stock opened at GBX 178 on Tuesday. The firm has a 50 day simple moving average of GBX 164.48 and a 200-day simple moving average of GBX 146.44. The stock has a market cap of £578.90 million, a price-to-earnings ratio of 63.57 and a beta of 0.57. The company has a debt-to-equity ratio of 29.88, a current ratio of 441.42 and a quick ratio of 1.13. Harworth Group has a 1-year low of GBX 116.80 and a 1-year high of GBX 185.

Harworth Group (LON:HWG) last released its quarterly earnings results on Wednesday, September 9th. The company reported GBX (7.80) EPS for the quarter. Harworth Group had a negative net margin of 20.56% and a negative return on equity of 3.74%. On average, analysts expect that Harworth Group will post 15.3212521 EPS for the current year.

About Harworth Group

Harworth Group plc is a leading sustainable regenerator of land and property for development and investment which owns, develops and manages a portfolio of over 14,000 acres of land on around 100 sites located throughout the North of England and Midlands. The Group specialises in the regeneration of large, complex sites, in particular former industrial sites, into new residential and industrial & logistics developments. Visit www.harworthgroup.com for further information.